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Search Results 0 to 22 of about 23 (some duplicates have been removed)
to be for the rising movie industry. cet will head out to washington as president obama is pushing forward his tax for the wealthy agenda. george osbourne is going to update today. the chancellor will have his work cut out to meet his target of eradicating the federal deficit by 2015 as well as securing a fall to gdp ratio. also expected further pressure with a cut to its growth forecast. steve is braving rather inclement british winter weather outside the houses of parliament. >> lovely. >> i know you like it. how much is it going to be raining on george osbourne's parade? >> it's going to rain on his parade. you just nailed it, ross. three things which are going to come up today, which he has very little control over. one is that obr reckoning on the uk economy. thought only back in march it was going to grow -- pain a negative growth for the year. next year they thought it was going to be 2% growth. it's probably only going to be 1%. in terms of those two targets you mentioned, eradicating the structural deficit in a five-year period, that's going to have another couple of years. >> right. now,
failures pileup. that has washington worried about another bailout, and homeowners worried about the market. jeri willis from the fox business network joins us. they are $16 billion in the red, the fha is what does it mean. >> reporter: taxpayers could be on the hook for this money. let me give you an idea of what is going on here. the federal housing administration insures, it backs these mortgage loans as you know we had the big mortgage meltdown, huge crisissess, values plummeted, people lost their homes. currently the fha stands behind 1.1 trillion in mortgage debt. one one in six of those loans deliquent. one in ten in default. they are facing just a tsunami of bad debt, and once more there is more in the pipeline that we don't even know about. alisyn: i don't have to tell you that the public appetite for bailouts. >> reporter: not high. alisyn: very small. if they don't get a bailout what happens to the country and the housing market? >> reporter: that is not an option i don't think. look, if they aren't able to correct this in some way, fix it in so way they are headed for a bailout
, as tragic as it is, brings us a little closer together both in the nation and in washington, that would be a good thing. >> all right. top of the hour. good morning. 6:00 on the east coast, it's wednesday, december 19th. christmas is almost here. >> very respectful dialogue. the nra had a respectful statement. i think a lot of people showing respect on this. >> feel something may be be happening. >> feel some grown-ups, maybe. there are, of course, exceptions. >> there are a few. we have mike barnicle with us. you're not an exception. beautiful piece in "the daily news" today. we'll read that in must read. thank you very much. former treasury officials. mark ratner is with us as well. he has a must read. i'm serious. >> beautiful. >> also in washington, washington anchor for "bbc world news america" katty kay. >> no pieces, sorry. >> you'll write one next time. thank you. so we've got a lot to get to this morning. >> a lot to talk about today. >> those exceptions, what are you talking about? >> just in the conversation about everything you thought there were two exceptions. >> rick perr
in washington since it became a state back in 1959, so his half century tenure makes him the second longest serving senator in history. harry reid paying respects. >> although senator inouye was a progressive democrat, he put his country first and party second. dan was a vibrant and vital presence in the senate and in death will remain a legend. his last words on earth, aloha. it is with a heavy heart that i and we bit alloy ha, goodbye, i love you, to a friend and legend of the senate, daniel kent inouye. >> as a japanese-american soldier he lost his right arm and received the medal of honor. only 31 people have lane in the capitol rotunda. the last was gerald ford about six years ago. >> as the bin laden movie hits theaters -- >> he is in the inner circle -- >> some are livid over a scene about torture. plus, a case so shocking it pushed president obama to make a phone call. inside an army daycare, worker who is had no business watching children. >> and, should the government buy back guns to boost the economy? you will hear the case. [ male announcer ] alka-seltzer plus liquid gels speed
a firestorm in washington about exactly who was responsible for not making that consulate more security. elise is in washington. we know there is some fallout here. one state department official resigned and three others on administrative leave. what is next? >> that's right. the top assistant secretary for diplomatic security eric boswell, and a few others in his department and mideast policy shop have been reashrined. there's a lot of questions about whether top officials and more senior levels of the department to secretary clinton should be held responsible even though the panel said no. we heard from the deputy secretary and secretary clinton's deputies. they were sufficiently contrite i'd say. there's nothing you can do with a scathing report other than accept the recommendations and say we know we messed up and need to do better. >> we know that the secretary of state hillary clinton has accepted full responsibility for what happened. she's accepted all these recommendations. is she required or will she go before this board? we know she's not testifying today because she's recuperating
-dollar may struggle to break higher and definitely to break lieuthrough 1.31. >> adam, you're in washington. how do you view fiscal cliff discussions? >> i was pretty optimistic until about three days ago. my sense was republicans had lost enough ground, they wanted to get a new deal before they got weaker. they admitted that there has to be some revenue. meanwhile the obama team led by secretary geithner are comfortable with at least 2:1 what they would call entitlement cuts. so there was a lot of ground for a deal. unfortunately, i think the threats from some democratic leaders that maybe it's okay to go over the fiscal cliff, i'm worried some actually believe that and that's one thing that scares me. i think there's a deal on the table, get a few years deal, it's only if -- obviously the republican caucus could do something stupid, but owes otherwise my main word is the dems decide they want to play for a long term deal that it all has to be resolved right now and it's worth the risk and i don't think it's worth the risk. >> adam, always good to see you. thank you very much indeed. we mo
. right now we're doing very well in the state of washington. north dakota. excellent, now in nevada. and our people are in the right places and doing the things to become a delegate. it's way too soon to write anybody off. just because somebody is in second or third place, there's a race going on. what if mitt romney isn't the best person? >> people have tried to portray you as a kind of ruthless money machine who some failed, some succeeded, you didn't care, you still got your fee, or you made a ton of money but actually quite a few of the companies that failed, a lot of people lost their jobs, their livelihoods and lost money. to me the key question is do you know instinctively from your recollections how many of those companies that you went into would have failed anyway if you hadn't? >> well, there's no question but that a number of places where we went in and invested, we were investing in an enterprise that was in trouble, that -- where the future was very much in doubt for it and we invested in one busy think it lost 50 or $60 or more million the year before we invested and
cliff talks. but he stands firm on the debt ceiling. >>> hopes for a deal in washington are pushing european shares near their highest of the year. and sweeten's bank cuts its key interest rate warning of eurozone woes. >>> a federal judge has denied samsung's injunction for a permanent injunction. it's not a total victory for samsung. the judge rejected the company's motion for a new trial based on the thought that the jury foreman was bias on apple. however, ceo jeff immelt says the fiscal cliff in washington has hurt demand in recent months. >>> and meredith whitney says it's time to buy bank. the independent research analyst has upgraded citigroup, bofa and discover financial as muches from hold to buy. ms. whitney told cnbc that the outcome of stress tests by the fed is one of the factors behind the move. she's not the only one to upgrade her move. rbc has hiked its price targets from $49 to $50. earlier we asked you if meredith whitney was trite to upgrade to banks or a little later. bac tops $11 and is up 98% year-to-date. and bahad tweets meredith whitney is now bullish at $
's going on. we've conveyed very frankly, candidly to the chinese in both washington d.c. and beijing in my case. >> in beijing, what is the view that you can tell of kim jong-un about what power he has, who he is, what its capabilities are to stay in north korea? >> the chinese believe we need to give north korea a chance in and develop economically. china would like all the parties that are part of the six party talks to get back to the table and to see if we can't encourage better behavior from north korea as opposed to imposing sanctions now and trying to coerce north korea into the fold and abiding by their international obligations. so that's a difference of opinion as strategy. china believes we have to engage with north korea. the united states does every time to try to engage with north korea, they basically turned around and fail to respond to their promises and live up to promises and it gets us nowhere. we don't believe we should reward bad behavior. he knocked what is the most important thing the chinese leaders want from you everyday? what are they looking for? >> they want gr
, everybody. we're going to move to other news. daniel inouye is being remembered from washington to his home state of hawaii. he was a world war ii medal of honor winner who lost an arm to a german hand grenade in italy. he became the first japanese american in congress and served 50 years in the u.s. senate. his death was announced by harry reid. >> the kindness that he has shown me for me time here in the senate has been something i will cherish always. a man who has lived and breathed the senate. he was that patriot. >> very kind words. president obama also a native of hawaii tweeted aloha yesterday. he died yesterday at 88 years old. >>> there is progress in talks on the fiscal cliff, but major sticking points still remain with just two weeks to go. a top republican says there is disagreement over spending cuts versus new taxes and until that could be worked out, there won't be any talks about the specific details. and wall street closed higher over signs of the talks. the dow jones rose 100 points for its biggest gain of the month. early markets overseas also higher because of capitol h
don't rule out total ly washington coming to its senses, but i have to say at the moment that the odds look rather against it. but there is still another option which people are not considering at the moment, and that is that we get a deal before the 12th congress wraps up on the 3rd of january, but after the 1i of january. the bush tax cuts expire and then the house republicans, who are in my view the real source of the problem here, we saw what happened last week when boehner tried to push something through. the house republicans want to cut taxes rather than raising taxes. but frankly, i think this is going to the 113th congress from where we are today the. do you think we're going to feel it on the real economy in the first quarter? are we going to see this slight cautiousness feeding through in how -- >> well, first of all, we are seeing it on the u.s. economy already. there's no question about that. it has happened a distinct impact on corporate america's willingness to invest over the past several months, some say over the past year. that's likely to continue. even if we get a d
, which stands out to you? >> "mr. smith goes to washington." no matter what your politics are, i cannot imagine anyone watching that film not being somehow moved to have a voice. to be able to put a voice to experience and your point of view. i suppose that gets me every time. >> good choice. >> mine was "it's a wonderful life." it was a snapshot of an imagined america. but maybe in america that was also at its best. to the extent that was a window to the rest of the world, people at their best. >> david? >> my reaction was "saturday night live." [laughter] i love politics, i love the sport of politics. i find it fascinating. between saturday night live in jon stewart, -- and jon stewart,i like satire. >> i am going to cheat and say "12 angry men." >> all of holland came to a stop at 7:00 on monday night. peyton place. >> really? >> thank you very much. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> coming up on c-span -- talks about the judicial system with supreme court justices stephen briar and anthony kennedy. and
in washington, including secretary of defense leon panetta and president barack obama who in a statement said he gave his life for his fellow americans and he and his teammates remind us once more of the selfless service that allows our nation to stay strong, safe and free. the american navy s.e.a.l. sacrifice has not been lost on dr. joseph's family who, in a statement released their condolences. >> atia abawi in kabul, thank you. >>> the deejays who have made that prank call to the hospital where the duchess of cambridge had been staying have just learned that their show has been canceled after they made a public statement last night. >> reporter: since that interview, we learned that their show will be canceled and prank calls, like the one they made to this hospital, are being suspended by the radio station they work for. worldwide, the storm grows over kate middleton's nurse found dead last week. >> if we played any involvement in -- in her death, then we're very sorry for that. >> reporter: in tears today the australian deejays who made a prank call to kate's hospital, they have been subje
performed for the president. ♪ ♪ >> gretchen: he gained fame for the christmas in washington special. many are outraged like the mothers of the navy seals. >> performing for the president is disgusting. how do we choose those role models. he should be on a terrorist watch list. it is disgusting to me. >> gretchen: that mother's son mark allenley lee was the first navy seal killed in iraq. it is interesting when you find out things about people when they are famous. that dance craze took over the world. >> steve: i am surprised mr. psy didn't say let me explain what i was talking about. >> gretchen: he did apologize. >> steve: but nonetheless they didn't pull the plug. >> brian: kill their daughters and kill them slowlyy and smash the model of the american tank and called for our men. what do they teach in south korea schools. we are protected them. the checks we right every day to protect them on the dmz line on a daily basis to allow their democracy to flourish, to me this is the niche, niche, niche of all south koreas to feel this way. i would like to find out how americans are treated i
, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting -- there's not much hope out there. i gotta tell you. just over a week left, josh. and the speaker of the house and the president did not even speak over the weekend. the last time they had a conversation was a brief phone conversation on friday. no signs of progress on anything since then. there wasn't much before, as you know. now the white house is looking at a fallback plan. just a stop-gap bill they're hoping congress would do that would delay the tax increases on people making over $250,000 from going into effect. it would extend unemployment benefits and delay spending cuts going into effect on january 1st. even accomplishing that will be difficult. congress comes back two days after christmas. that gives them four dice come to an agreement and pass something. not an easy task. >> so we know what it means for the average men. what happens in washington if we go o
called them stunning and irresponsible, but there may be more cracks in the ranks. "washington post" reports some moderate and conservative republicans are calling on boehner to concede on taxes now while he still has leverage to ask for something in return likely sbiltsment reforms. larry hathaway joins us for more. wlarry, good to see you. geithner says do no harm but they're prepared to go over the cliff. >> i think it's rather disingenuous. the administration feel it is has wind in its sails from the election and is trying to push the mandate on the issue of mar again al tax rates. i think the risks of going off the cliff are quite high. it may not be the base case just yet, but a greater than one this three chance simply because either the leadership in the house and the white house won't find agreement, or the rank and file in the house won't go along with the compromise that its leadership strikes. >> i've been working on the assumption that they're not that stupid or are there tactics if it's only for a few days then we can get something else going? >> i'm not so sure about
for you live. >> watching what's happening in washington today with the fiscal cliff. another round of negotiation between the white house and speaker john baker. aside is willing to bend. the president insisting that expiring tax cuts be renewed for everyone except for the wealthiest americans. republicans insist on deeper cuts in entitlement programs like medicare. neither side is given any specifics on what they're planning to cut. a likely compromise would include tax increases on the top tax bracket from 35 to 37 percent, not the 39% the president is asking. significant cuts to medicare to go into effect. the debt ceiling is also looming in these talks. the treasury say the u.s. is likely hit its 16.4 trillion dollar debt limit by the end of this year. the treasury could use creative measures that would stave off in the u.s. debt default until mid february. as far as where we are with these talks right now watching 10? we are basically nowhere. and is looking more likely that we will go off the fiscal cliff at the end of the year. 706 a m right now and we'll be back with more i
as washington welcomes a high-level chinese delegation led by the vice premier. his team is in the u.s. to talk trade and economy. he's expected to meet with u.s. treasury secretary tim geithner tomorrow. wang is the first official from the new leadership team to visit with the u.s. for more on the impact and implications of this, let's speak with frank ching, adjunct associate professor at the chinese university of hong kong. frank, hi. the first news that we're getting out of this appears to be more import duties s. this going to be the theme of u.s./china relations, or do you expect these meetings to be more of a thaw? >> well, i think that these are the first meetings since the new leadership in china was installed. and since president obama saw -- well, won second term. i think both sides want to make use of this occasion to improve their relationship. so this joint annual meeting is a platform, and i think that they will probably be able to achieve some progress on issues of concern to both sides. but i don't see any sweeping changes. >> what's interesting, frank, and you point this out,
affect public policy? joining us from washington, fox news political analyst, charles krauthammer. all right, assault weapons number one. but this is going to run into party politics and i think both parties now noe it. so the american public very emotional now. that's going to die down a little bit. but the issue is very emotional and the democrats are going to come in and they're going to try to get as much hand gun legislation and assault rifle legislation as they can. is that the way you see? >> i think that's right. there are people who want to use this as a partisan, who scapegoat the nra to one over one side of the argument. i think one way to get around that is to too what joe lieberman suggested, appoint a commission, not to put it off indefinitely. we had a commission after 9-11. because there is going to be a rush to judgment on this. i think it's likely that we're going to pass weapons laws that will be completely useless and i think it would be far better to appoint a commission to report in three months, six months, maybe lieberman, maybe giuliani to let head it and look
of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. >> stahl: now, an update on our story from a year ago called "the pledge," a look at the power wielded by lobbyist and anti-tax crusader grover norquist. nearly every republican in congress has signed the promise that they will never, under any circumstances, vote to raise taxes on anyone. here's what norquist, the pledge's originator and chief enforcer, told steve kroft. >> grover norquist: republicans who vote for a tax increase are rat heads in a coke bottle. they damage the brand for everyone else. >> stahl: now, as the country approaches the fiscal cliff, a handful of republicans have defied norquist and say they'll consider raising new revues, and 12ewly elected republicans in congress have r
Search Results 0 to 22 of about 23 (some duplicates have been removed)

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